What's Up With Twitter? | EP 6
Description
In this episode of UNinvested, Sahil Seth takes us through the intriguing journey of Twitter, from its early days as a struggling startup to its current state under Elon Musk's ownership. We explore the company’s history, major milestones, and the dramatic acquisition by Musk. This episode is part of our new series, Venture 500, where we break down the stories of massive companies, focusing on their startup phase and growth.
What we explore:
The origins of Twitter from the ashes of Odeo, a podcasting company
Jack Dorsey’s initial concept and the creation of Twitter
Twitter’s rise to prominence and early challenges
Key milestones and growth phases, including funding rounds and leadership changes
The acquisition attempts by Facebook and the significant offer by Elon Musk
Elon Musk’s controversial takeover and his impact on Twitter’s operations and policies
The launch of Twitter Blue and the ensuing chaos with fake accounts
The ongoing developments and future prospects under Musk’s leadership
Where to find Uninvested:
Website: https://www.uninvested.org/
In this episode, we cover:
[00:00:00] Introduction and opening remarks on Twitter and Elon Musk
[00:00:47] Sahil introduces the new series, Venture 500, focusing on Twitter
[00:01:04] The beginnings of Twitter from Odeo’s failure
[00:02:00] Jack Dorsey’s status concept and early development of Twitter
[00:03:20] The first tweet and the initial team’s efforts
[00:03:50] Winning the best startup competition at SXSW
[00:04:40] Early funding rounds and leadership changes, including Dorsey’s temporary removal
[00:07:20] Twitter’s rejection of Facebook’s acquisition offer
[00:08:50] Twitter’s growth with new features like hashtags
[00:10:20] Jack Dorsey’s return and the introduction of Vine
[00:11:30] The IPO and Dorsey’s comeback as CEO.
[00:12:50] Twitter’s role in politics and the rise of viral culture.
[00:14:00] Elon Musk’s investment in Twitter and his subsequent acquisition offer.
[00:18:00] The dramatic series of events leading to Musk’s takeover
[00:21:00] Musk’s changes post-acquisition, including layoffs and the Twitter Blue launch
[00:24:20] The latest developments and Musk’s vision for the future of Twitter
[00:27:00] Conclusion and upcoming episodes in the Venture 500 series
No transcript available
